Dell Clobbers the Competition Again, Will Continue To Clobber the

This week, Dell revealed that it squeaked by financial estimates, continued to gain market share, and saw its revenues jump 16 percent as the company posted net income of $677 million on sales of $10.62 billion last quarter. Dell's numbers are incredible. The company saw revenue from servers, workstations, and storage systems rise 28 percent in the quarter; it lowered operating costs from 9.9 percent to 9.7 percent; and it grew almost 20 percent in Europe (30 percent worldwide). Dell also expanded into new markets--including printers and consumer electronics--during the quarter, and analysts now expect the company to dominate or have a huge presence in those markets as well. Dell says it expects about $11.5 billion in sales for the current quarter.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish